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On 2019, Greece approves €400,000 Govt Bonds and Bank deposit for Golden visas.

It says "Depositing at least 400,000 euros for at least 12 months at a domestic credit institution".

So can I get the money out of the bank and keep the golden visa forever then?

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  • What is the source of your statement "It says..." ?
    – DavidRecallsMonica
    Dec 26, 2021 at 17:39

1 Answer 1

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This site says no:

The Golden Visa for Greece is issued for five years and can be renewed indefinitely as long as you maintain the investment.

The government webpage also says that, in legalese:

The duration of validity of the residence permit is for five years and is subject to renewal for an equal period each time, provided the implementation of the investment or its operation is continued after its completion.

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  • Thanks for your answer. Sorry I'm not a native English speaker. Does the bold text mean that I need to keep the money in the bank forever if I want to stay forever?
    – AGamePlayer
    Dec 27, 2021 at 5:03
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    @AGamePlayer at least as long as you're renewing this residence permit. If you switch to a different status or naturalize, things may change.
    – littleadv
    Dec 27, 2021 at 6:01
  • I see. Thanks very much!
    – AGamePlayer
    Dec 30, 2021 at 3:08

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